ATLANTA, Aug. 1, 2006 (PRIMEZONE) -- Market-Pulse.com announces its trade alert for Nuclear Solutions, Inc. (OTCBB:NSOL). According to Bernard R. Schmitt of Market Pulse, "The company just had excellent news out before Tuesday's opening bell announcing they have entered into an agreement with Access Capital Investment Group, Inc., an institutional leader of non-bank funding for growing businesses, to assist in securing working capital. The funding will facilitate acceleration of Nuclear Solutions' multiple ethanol production projects."
Nuclear Solutions seeks funding to accelerate its synthetic ethanol production projects and other groundbreaking initiatives in bio-ethanol production. The company plans to use the funds to move forward with the planning, site design, and engineering of these planned ethanol production projects.
In a press release issued before Tuesday's bell by NSOL, President and CEO Patrick Herda stated, "We are pleased to partner with Access Capital to open doors to financing that can prove pivotal to our efforts to supply the ethanol market on parallel fronts that include producing ethanol synthetically and through innovative and potentially cost-reducing adaptations to bio-ethanol technology. We have spent a significant amount of time over the last few months developing proprietary advances for enhancing synthetic and bio-ethanol production. As we continue to move closer toward announcing key developments regarding our dual approach to ethanol production, we welcome the confidence Access Capital has in our business model and in its value to attract suitable funding."
Nuclear Solutions, Inc. is an innovative technology development company committed to exploring, developing, and commercializing viable products in the areas of nanotechnology, environmental technology, homeland security and defense, and, most recently, alternative fuels. In August 2005, Nuclear Solutions, Inc. established Fuel Frontiers, Inc., a subsidiary implementing its own unique business model to utilize commercially available and proprietary technologies to transform low-value, end-of-life carbonaceous waste materials such as waste coal, used tires, wood wastes, biomass, discarded corn stalks and other agricultural by-products, into high-value, environmentally friendly, clean-burning ethanol. With its global Strategic Alliance Agreement with Connecticut-based Startech Environmental Corporation, FFI gains access to Startech's innovative, proven and proprietary Plasma Converter(TM) System, which is proposed for use in planned facilities to transform feedstock materials into ethanol. Currently, FFI reports its operations and financial results on a consolidated basis within Nuclear Solutions, Inc.'s public filings. Visit www.nuclearsolutions.com or www.fuelfrontiers.com for additional information.
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